Description |
1 online resource (42 pages) : color illustrations |
Series |
IMF country report, 2227-8907 ; no. 13/228 |
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IMF country report ; no. 13/228.
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Contents |
Cover; CONTENTS; INTRODUCTION; BOXES; 1. Recommendations of the 2006 Ex-Post Assessment; MACROECONOMIC DEVELOPMENTS SINCE 2007; FIGURES; 1. Selected Economic Indicators, 2006-12; 2. Burkina Faso's Natural Resources; 2. Selected Fiscal Indicators, 2006-12; TABLES; 3. Capital Expenditure Capacity; 4. Business Environment; FUND-SUPPORTED PROGRAMS: OBJECTIVES, CONDITIONALITY, AND OUTCOMES; A. PRGF Arrangement 2007-10; 5. Burkina Faso-Multilateral Debt Relief Initiative and Debt Sustainability Issues; B. Extended Credit Facility Arrangement 2010-present; 6. Revenue and Public Financial Management |
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C. Lessons7. Assessing Program Conditionality; 8. Pro-poor Growth; KEY REFORM PRIORITIES AND FUTURE FUND INVOLVEMENT; 9. Microfinance Institutions (MFIs) in Burkina Faso; 10. WAEMU Surveillance Framework; A. Modalities of Future Fund Engagement; 1. Fund Arrangements, 2007 to Present; 2. Developments in Burkina Faso, WAEMU, and Sub-Saharan Africa, 2000-12; 3. Overview of Quantitative Performance Criteria of 2007-10 Arrangement under PRGF; 4. Overview of Structural Conditionality of 2007-10 Arrangement under PRGF; 5. Overview of Quantitative Performance Criteria of 2010-13 Arrangement under ECF |
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6. Overview of Structural Conditionality of 2010-13 Arrangement under ECFAPPENDIX; I. Managing Natural Resource Windfalls; ANNEX; I. The Burkinabè Authorities' Reaction |
Summary |
This paper discusses Burkina Faso's ex-post assessment of longer-term program engagement. Economic growth has fluctuated above regional standards, averaging 5.3 percent between 2007 and 2012. The improvements in the agricultural sector, as a result of authorities' strong push for reforms, and investments in the sector, mitigated the impact of unfavorable weather conditions. Authorities responded to high commodity price pressure with temporary exemption from custom fees, value-added tax on basic products, sales of food at below market prices, and suspension of the automatic oil price mechanism. Inflation has remained generally low since 2010, despite food shortages caused by the drought in 2011 |
Notes |
Title from PDF title page (IMF Web site, viewed July 29, 2013) |
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Prepared by David Corvino [and three others] |
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"July 2013." |
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"June 14, 2013." |
Bibliography |
Includes bibliographical references |
Subject |
International Monetary Fund -- Burkina Faso
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic development -- Burkina Faso
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Credit -- Burkina Faso
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Economic indicators -- Burkina Faso
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Credit
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Economic development
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Economic history
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Economic indicators
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SUBJECT |
Burkina Faso -- Economic conditions
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Subject |
Burkina Faso
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Form |
Electronic book
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Author |
Corvino, David.
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International Monetary Fund.
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ISBN |
148433518X |
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9781484335185 |
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9781484327081 |
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148432708X |
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